Small Business Tax & Bookkeeping Blog | Zero Fluff Books

CP504 warns of levy action and may permit a state-tax-refund levy, but it generally is not the same as a final levy notice that creates Collection Due Process rights. LT11 or Letter 1058 generally provides the statutory hearing opportunity.

When your quarterly Form 941 filings don't reconcile with your annual W-2/W-3 totals or your deposits, the IRS notices — and the letters that follow are worth understanding.